Enquiry code for this property: 3294
!!!!MASSIVE PRICE REDUCTION…A fantastic opportunity to be a part of Mandurah growth and capitalise on the Inner Mandurah Precinct Plan. This highly sought large 1012sqm block is zoned R100 (MIXED USE COMMERCIAL and RESIDENTIAL) an opportunity to build town houses, apartments to 5 storeys, the property offers a fantastic opportunity for investors, business operators or developers.
The recently released 2015 plan for WA identifies the need for approximately 14,000 new dwellings needed in Mandurah forecast population growth for Mandurah is to 100,000 within 10 years.
Mandurah is running out of land…
The state Government is moving towards a huge infill development target and they are intending to develop major transport corridors throughout the metro area.
Currently Mandurah is the most affordable suburb within the metro area with the greatest natural amenities being the beach, Estuary etc
The Mandurah Forum has just had the green light for a $300mil upgrade over the next 3 years your site is considered walking distance to this centre.
Located on the newly upgraded main road into Mandurah Foreshore – location Location!, This property is in a planned shopping and cafe area that is cleared and ready to be developed.
What a great super fund investment portfolio as if you are not ready to build you can keep the home rented and develop at your leisure. Until you develop the site its Perfect for:
-Home with Business operating from shed
-Professional to set up main house and use as Doctors, Accountant and/or and lease out shed
-Distributor location (huge clean shed)
-Online business with storage and shipment facility.
and more
This prime block has a 3 bedroom 1 bathroom establish home with a weekly return of $380.00 p/w.
The home has solid wooden flooring throughout, split system air conditioner, recently painted with floors polished, and freshly painted and sealed roof and eaves.
The shed is approximately 6m x 24m and but from a solid steel structure with 3 phase power supply, air conditioner and is accessible, drive through from front of property.
The gardens are lined with lime stone edging and designed landscaping that needs a little love but looks great. With a day bed by the semi-above ground, lime stone pool its a wonderful place to relax.
A ground bore system is in place and a children’s play house and fort is out the back with good size garden shed.
This investment has Walkability to Mandurah Foreshore, Centro Mandurah Shopping centre, close to the Mandurah Train station and major sporting facilities and Mandurahs pristine beaches and Marina.
Main Features:
- 1,012 sqm?- Zoned R100 mixed use RESIDENTIAL and COMMERCIAL
- Situated in planned business cafe pocket of Mandurah
- 20m frontage with additional concrete parking
- POOL
- Landscaped gardens
- Walk to the shopping centres, beaches
- Walk to sporting facilities, entertainment, restaurants
- Close to train station
- Recently painted inside, outside eaves
- Referbished roof, freshly painted, sealed
- Solid timber hardwood flooring
- Split system air con
- Huge shed with 3 phase power ready to operate business from with drive through access.
(Please look at floor plans for detailed information on location of property)
Enquiry code for this property: 3294